Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Acquired by Spinnaker Trust

Spinnaker Trust lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,091,550 shares of the company’s stock after acquiring an additional 5,443 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF accounts for approximately 2.3% of Spinnaker Trust’s portfolio, making the stock its 12th biggest holding. Spinnaker Trust owned 3.33% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $33,500,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in GEM. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.6% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 613,888 shares of the company’s stock valued at $17,597,000 after acquiring an additional 15,647 shares during the last quarter. Shufro Rose & Co. LLC lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.8% during the third quarter. Shufro Rose & Co. LLC now owns 120,874 shares of the company’s stock worth $3,465,000 after buying an additional 999 shares during the period. Altfest L J & Co. Inc. lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% during the third quarter. Altfest L J & Co. Inc. now owns 53,642 shares of the company’s stock worth $1,538,000 after buying an additional 3,600 shares during the period. CENTRAL TRUST Co lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 25.3% during the third quarter. CENTRAL TRUST Co now owns 53,091 shares of the company’s stock worth $1,522,000 after buying an additional 10,734 shares during the period. Finally, Archford Capital Strategies LLC lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.5% during the third quarter. Archford Capital Strategies LLC now owns 186,284 shares of the company’s stock worth $5,340,000 after buying an additional 837 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

NYSEARCA GEM traded up $0.34 during trading hours on Friday, hitting $31.43. 67,049 shares of the company’s stock were exchanged, compared to its average volume of 133,945. The business’s 50 day moving average is $31.15 and its 200-day moving average is $30.07. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $27.54 and a 12-month high of $31.90. The firm has a market capitalization of $930.33 million, a P/E ratio of 10.49 and a beta of 0.79.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Profile

The Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.